FPA Capital Fund Comments on Veeco Instruments

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Jul 23, 2014

Among a few stocks that had negative returns in the quarter, Veeco Instruments (VECO) and Titan International (TWI) are also among the smaller positions in the portfolio. VECO declined 11.1% in the June quarter, but not enough for us to add to the position.

From FPA Capital Fund (Trades, Portfolio)’s Second Quarter 2014 Commentary.